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20100918
20100918
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't know about immigration statistics. if she moved from san antonio to canada, to get a healthcare job. that's good. that's all good moving from florida to get more sun. healthcare interacts with a lot of different sectors. they have spent an enormous amount of money in healthcare and the military. to shuffle around where we spend money on military bases, gave $2.2 billion to build the finest military medical center in the world. >> raleigh, north carolina, good morning. caller: good morning. host: you're on, ma'am. caller: i have bit of an issue with the comment made. i am a healthcare worker. i am an rn. when you mention the expansion of healthcare and the need for jobs. i have been in a heavy medical area in north carolina and a large proportion in this area are in one of tech jobs or nursing or medical field. my comment was, when you mentioned minimal training, you mentioned nurses as part of that. i think that's not necessarily true. there are a lot of good physicians with minimal training, as an rn. i took a little bit of objection to that because it made it sound like the people
familiar with the canadian system? >> i am. i am not an expert on canada, but i am familiar with the system. the canadian system is different from ours. they are tightly regulated and have a highly concentrated banking system. they rely on a shorter term adjustable rate mortgage. it is possible to create a system similar to that. other countries have used the cover bond market as an approach. when you look at the international examples, it is important to look not just what is on the books but what also may be implicitly there. a number of companies with concentrated banking sectors were the does not appear to be a government guarantee involved has implicit backing for the financial institutions that we do not want to retreat. international examples can help, but we have to go a couple of layers deeper to know if that is the kind of system we want or not. >> is there any incentive for the private market to get back into this market given the fact that freddie and fannie are in existence and we are continuing this freeze where we are continuing to let them do what they were doing before the
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